Member Info for Spikeyj

o/t for dan goodluck, RT didn't say that he gave those shares away. he sold them. qpe tweet"....Friends and Family acquired large portion of Shares sold.."

of the various difficulties facing those who try to follow this company, is that the company has never actually stated what the extent of its funding shortfall is. without any clear statement to that effect, & in the continuing absence of properly audited accounts, the size of the hole remains unknown.

clock said, "The placing didn't proceed as they raised the funding off market.." then as evidence, clock cites the RNS of 17th nov, where the company said it raised money though CLNs. but that is the exact same RNS which still says that the company is **trying to arrange a placing**. "the Company continues to work on the finalisation of a placing to provide additional working capital for the Company, which it expects to announce shortly." couldn't be clearer, could it?

key words: " .... Company's shares remain suspended from trading on AIM pending finalisation of a funding package.." - that 'finalisation' never happened.

you are missing the point, still. yes, the company issued an RNS on 17/11 saying that they had raised money through convertible loan notes. BUT that *same* RNS also went on to say: "the Company continues to work on the finalisation of a placing to provide additional working capital for the Company, which it expects to announce shortly." (they never did announce that, shortly or otherwise, did they?) -- in other words, they still needed more money, even after the CLNs. and then later, on 21st December, RNS said: "Whilst the Company's shares remain suspended from trading on AIM pending finalisation of a funding package to allow it to publish its Annual Accounts to 31 March 2015 in accordance with AIM Rule 19, in accordance with AIM Rule 1" -- in other words, they still needed more money ... even with the money from the CLNs, they were still unable to publish accounts. ... other than the £1000 payment to trigger bond conversion on 24th december, the company has *not* announced any other successful fund raise since the CLNs on 17th november.

missing accounts, still. how can investors know what they are actually buying into with this company when it does not release very overdue audited accounts, with no adequate explanation? if they have raised the funding that they need, why have they still not produced the accounts? previously, they said that the delay was because of the need to finalise "a funding package". if it has indeed been finalised, as clock would have the bb believe (.. there is no RNS to support that..) why still no accounts to march '15? this company is delisted, so the bulletin board will in any case disappear from lse soon. no great loss. but these matters remain unresolved, with no real attempt from DAN to explain.

clock might think it's misleading to 'cherry-pick' sections from an RNS. but seems way more dodgy to me to make up info that is not in any RNS.

what a bizarre investment rationale. ... you think the company itself "..has nothing..", but nonetheless you still hold shares here because there is money in DAN from rob terry & two recently established singapore based holdings companies, with no known track record & no information about who is actually behind them & what they are up to. - might as well just put it on some nag at the derby? still, lady luck loves a gambler. good luck, goodluckall.

perhaps i should rephrase slightly ... they actually took until mid november to admit that (pretty slow?) but the failed placing referred to was almost four months ago.

clock's 18:20 post referenced a placing at 3.5p as some evidence that DAN hasn't had problems raising cash. but it's now been almost *four months* since DAN admitted failing to get a placing away at the much lower price of 1.5 pence. that specific price is mentioned in the RNS of 17th November: "The Company announces that as part of a placing the Company was intending to undertake in conjunction with the release of its annual accounts for the year ended 31 March 2015, on 30 September 2015 the Company received a payment of £25,000 for 1,666,666 new ordinary shares at a price of 1.5p per share ("Shares") from a market counterparty ("Allottee") which were credited into the CREST system as at that date. The placing did not proceed at that stage. It has not been possible for the Allotee to return the shares. It is intended that these shares will form part of the forthcoming placing..."

all part of their plan? lol! RNS 15th Jan: "Peter Shea, Chief Executive commented: "Although the decision has been somewhat taken out of our hands..."

just review the RNS history. they have had major problems raising cash. e.g: RNS 17th Nov: "The Company continues to work on the finalisation of a placing to provide additional working capital for the Company, which it expects to announce shortly." nope, they didn't manage to do that. RNS 21st Dec: "Whilst the Company's shares remain suspended from trading on AIM pending finalisation of a funding package to allow it to publish its Annual Accounts to 31 March 2015 in accordance with AIM Rule 19..." nope, they didn't manage to do that.

Friday 22 January, 2016 AIM Cancellation - Daniel Stewart Securities plc RNS Number : 6267M AIM 22 January 2016 NOTICE 22/01/2016 7:00am NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM DANIEL STEWART SECURITIES PLC Trading on AIM for the under-mentioned securities has been cancelled from 22/01/2016 7:00am pursuant to AIM Rule 1. ORDINARY SHARES OF 0.25P EACH, FULLY PAID (0460284)(GB0004602842) If you have any queries or require further information, please contact the London Stock Exchange on 020 7797 4154. *** so long, farewell, auf wiedersehen, goodbye.

rampy, unfounded nonsense.

until news drives volumes up here, it's a playground for the machines, probably best for mere humans not to get in their way too much, unless said human is very nimble.

interesting. again, similar to the recent shuffing of DAN shares off & then back onto book, transferring QPE shares to QPT at a higher share price, then offloading them from QPT, helps to preserve at least the appearance in the *QPE* books of QPE making good profits. smoke & mirrors? it may well be better for IMTK to have RT now apparently out of the picture again. IMTK was just being used to massage, imo. gla.

"It now has a strong financial basis after the recent fundraising which should support further growth Financial performance is predicted to improve strongly, with it moving into profit in the 2016/2017 financial year [...] Costs have been declining quite significantly" ? in the very overdue absence of **audited accounts** (- with no proper explanation about why these have not been published - ) on what basis could one have confidence on the claims about finances as above?

"It might sound unlikely but there does actually seem to be some positive momentum building here." lol, i agree with at least part of that. good to see a sense of humour on a bloodbath day for the markets. farewell dan.

"The fund’s net asset value declined modestly over the month, marginally underperforming the FTSE All Share’s decline of -1.27% in total return terms. December’s best stock level contribution came from car accident management service company, Redde. The shares have performed consistently well all year, supported by strong operational performance and a series of upward revisions to its profit forecasts. This continued to be the case in December’s update which confirmed that the company is trading ahead of expectations and its recent acquisition of outsourced fleet management business, FMG, is proceeding well and has provided a strong pipeline of new business opportunities. We remain attracted to Redde’s strong cash generation which should continue to underpin attractive levels of long-term dividend growth."

(after all, elevators can only go up, right?)